Zimbabwe Government Moves to Lower Money Transfer Charges and Broadband Prices

Thursday, December 18, 2014

It looks like we are headed towards cheaper mobile money services and lower broadband prices if the State’s word is anything to go by.

According to a report in the Herald. the government has directed the Competition and Tariffs Commission to investigate mobile transfer costs after there were concerns raised about the steep pricing structure.

All this was disclosed by the Minister of Industry and Commerce Mike Bimha who also mentioned how MNOs have been called on to reduce broadband service charges.

Needless to say if these changes do take effect they will cut into the revenues of the MNOs that are already facing the challenges of a tougher economic climate and rapidly evolving business model.

So why does the Ministry of Industry and Commerce want to wade into POTRAZ and RBZ territory anyway?

Source: Techzim (link opens in a new window)

government, mobile money, public policy